Hi Jim,

Thanks for opening this Forum to your students and giving us an opportunity to show our charts and share our ideas.

Here is a chart of todays ABCD's in the russell. I will post a context chart later. Today was one of those days where the market changes direction on Jim's unique Fib numbers, Had you been trading with standard fib numbers you may not have noticed these PTA's. Is it me or is .564 becomming more and more prevalent?

It sure looks it, but I don't like how big it is with respect to the previous trend.

Do a set on today's 3-min action and you'll see what I am watching.

Potential launchpad to that 790-793 area, I mean.

But those lines are tough...

It reacted allright off that 792 area at potential completion of 4pt CP and the run up to it was a beautiful play,too.
Russell rocks.

Today is incomprehensible, as far as how nice it is. Show of hands. How many people think Duane will show charts for:

1) The initial move off the big 4-Point.
2) the bounce point at a .382, 1.272, yesterday's low price line, and an upsloping lower // from the set from before
3) The roll right off the daily pivot, .564, and upper // of the obvious 3-min set

And we have almost 2 hours left!

Notice where the 4-Point 'play out' numbers I mentioned in Jim's Thoughts are, in case...

It's a perfect day for Kane traders trading the ER2.

I guess I didn't mention in here the 4-Point 'play out' areas, like I thought. Must have been in some e-mail correspondence or somewhere else. Notice the daily lower //, 60-min ML, and 1.272 area(s). 760 and 755. May never see it, but those are key areas if this really 'plays out'.

Context

thankyou duane i knew it was back there somewhere...